Paul and Michelle begin by discussing lab-created diamonds and how the product will ultimately be seen by consumers: as fashion or fine jewelry? The two then talk about how lab-created fits into independent jewelers' merchandizing strategies, what the net reduction of jewelers in American means for the industry and how the growth of independent jewelry designers is a trend to watch. Paul then asks Michelle her reaction to the latest large diamond that was auctioned by Sotheby's Hong Kong for $16 million in October. The conversation wraps up with Michelle offering her longer-term views of the jewelry industry acknowledging the clouded visibility due to the pandemic.

Hosted by: Paul Zimnisky

Guest: Michelle Graff

Guest plug: www.nationaljeweler.com

More information on PZDA's State of the Diamond Market report: www.paulzimnisky.com/products

Show contact: [email protected] or visit www.paulzimnisky.com.

Please note that the contents of this podcast includes anecdotes, observations and opinions. The information should not be considered investment or financial advice. Consult your investment professional before making any investment decisions. Please read full disclosure at: www.paulzimnisky.com.